Alonso buys World Tour professional cycling team 2 September, 2013 Fernando Alonso is a keen cyclist Formula 1 World Champion Fernando Alonso is poised to become the partner owner of a professional cycling team. On Sunday, the Ferrari driver sent the ‘Twittersphere’ into a frenzy when he announced that “important news” would shortly be announced. Some wondered if he would announce a switch to Red Bull, confirm Kimi Raikkonen as his next teammate, or perhaps reveal his engagement to Russian model girlfriend Dasha. Actually, specialist cycling media outlets on Monday said that Alonso, a road cycling and fitness enthusiast, has bought the Spanish World Tour team Euskatel-Euskadi. El Periodico said that Alonso and his sponsors will fund a € 6 million budget for 2014 for the team, which was set to fold at the end of this year. Euskaltel-Euskadi, from the Basque region, released a statement confirming the agreement with Alonso, adding that more information will be forthcoming. (GMM) Subbed by AJN. Tweet Related NewsVergne replaces De La Rosa as Ferrari test driverDe la Rosa future at Ferrari uncertain in wake of Alonso exitJock Clear leaves Mercedes for FerrariHamashima leavesas Ferrari continue to wield the axeGutierrez’s Mexican sponsors follow him to FerrariFry and Tombazis axed as Ferrari revolution continuesGutierrez: An honour to become part of the Ferrari familyTodt: Ferrari is like someone who is tired and needs a doctorArrivabene: Ferrari on the attack until we are back where we should beFry set to follow Tombazis out the Ferrari door Faceman All because Ferrari offered to fund Kimi’s motocross and snowcross teams, lol…. oh and so Luca knows Alonso is capable of leaving F1 just to spite him. Just like Kimi…. the last Ferrari WDC. Rey Rodrigo Sanchez line up contador to that team…cheers!